This morning [Mar.7] in Supreme Court, Roger Vincent Cox, a 38 year old from St. George’s, pleaded guilty to three offences of Money Laundering.

Also appearing with Mr Cox was Michelle Laverne Lindsay, a 49 year old book keeper. Ms Lindsay pleaded guilty to one count of Money Laundering involving her receipt and subsequent ‘layering’ of $25,000.00 of criminal proceeds on behalf of Mr Cox.

Both defendants sentencing was adjourned until the 15th April 2011 so that social enquiry reports could be completed.

A Police spokesman said, “The offences to which he pleaded guilty were identified during the course of a 3 year investigation conducted by members of the Bermuda Police Service Financial Crime Unit. The Court certified that Cox had benefitted from ‘criminal conduct’ in the amount of $2,287,856.91.”

“A Confiscation / Forfeiture order was made in the sum of $1,474,613.82. This order included the forfeiture of more than $750,000 in cash, recovered from the defendant’s home and from a safe deposit box following his arrest as well as the contents of numerous bank accounts held by the defendant and a substantial quantity of jewellery purchased by Cox during the course of his criminal activity.”

Detective Inspector Grant Tomkins, head of the Financial Crime Unit said, “This case was brought to court following a 3 year investigation by officers in my unit. The investigation involved cooperation between numerous agencies, both local and overseas; and serves as an indicator that the Bermuda Police Service will vigorously pursue those involved in laundering the proceeds of criminal conduct.”

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Comments (8)

OH WELL ITS ABOUT TIME THE START CATCHING UP WITH PEOPLE. TO MUCH OF THIS IS GOING ON.WISH THEM BOTH THE BEST OF LUCK!!!TRUST ME THEY BOTH NEW WHAT THEY WERE DOING.WHAT YOU DO IN THE DARK COMES OUT IN THE LIGHT TRUST ME.

They catch who they want to catch (Truth is Killin’ me) Yankees had that house on that hill for how many years I would be shocked if he was ever audited the word on the streets it in one of his Aunt name now easy is that to track and there are so many more like you said the catch who they want to catch.

I don’t understand this case. Another news source names a third party, though no charges were pursued against her. Why? Was she a cooperating witness? In the absence of charges being pursued, does she still forfeit her assets?

$1.4M was ordered to be forfeited – does this include the rather large home in St. Geo? Why is there a difference in the amount they say he benefited from of $2.28M and the amount forfeited of $1.47M?